India has the requisite facilities and world-class talent to build technologies and requisite facilities to design and build a motorcycle that matches and exceeds global benchmarks and that can set global standards. Ultraviolette has proven that an electric vehicle can offer as much, if not more, range comparable to an IC motorcycle with a full tank of petrol while maintaining price parity at a product level and significant cost savings through the cost of ownership. We look forward to other OEMs developing their technologies and building products for the world markets. Fostering growth and innovation through a long-term, consistent, and industry-focused policy landscape will be key to achieving this goal, Narayan Subramaniam, CEO and co-founder, Ultraviolette, told ETAuto in an interview.